Bitcoin just had its worst day since April.
Bitcoin fell below $68,000 on Tuesday, hitting its lowest level since early April as traders reacted to Strategy’s Bitcoin sale, ETF outflows, and NEW Mt. Gox wallet movement. Strategy sold 32 BTC between May 26 and May 31 for about $2.5 million, with the money going toward distributions on its STRC preferred stock. U.S.
June 2, 2026, 7:15 pmStrive (NASDAQ: STRV) purchased 2,500 Bitcoins between May 23 and June 1 for approximately $185.2 million, bringing the company’s treasury to 19,000 BTC The 2,500 BTC purchase was funded almost entirely through the company’s Variable Rate Series A Perpetual Preferred Stock (SATA), with an average cost of about $74,092 per coin.
June 2, 2026, 7:10 pmThe firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.
Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.
Ethereum is back at a point on its Bitcoin pair where the price action has always started to ask a dangerous question: is ETH still weak, or is it being priced for another rotation?
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
A market-stress gauge that has marked every bitcoin bottom for more than a decade is reading near 40%, a level reflecting meaningful pressure but stops short of the historical “maximum opportunity” zone.
Schwab's crypto futures expansion and upcoming spot trading for advisors could significantly enhance digital asset accessibility and market engagement.
Hive mined nearly 2,900 Bitcoin last year and is now racing to build what it calls Canada's largest private AI data center.
Crypto analysts say investors should look closely at each company's financial situation rather than expecting a cascade of incoming sales.
Solstice Labs CEO Ben Nadareski says developers must act like financial managers to win back institutional trust amid ongoing security exploits.
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